>
I had the same issue when my diesel Peugeot was totaled. I did get
sales history from Rentschler's Peugeot near Reading, PA but they
insurance adjuster ignored it as not being a close enough market.
(yet less than 1 hour away). Support your claim with price estimates
from Old Car Price Guide and Cars of Particular Interest which are
based on sale history. The insurance company sometimes has no sales
history and phones a used auto dealer for the price. You need to know
how they arrived at their price including all of their data points.
Dont allow them to use NADA or a similar database because your car is
to o old and unique. You must use a guide related to special interest
automobiles. It helps to have your demand written by an attorney.
Also you can hire a private appraisal. And you must look at your
entire case, any shared liability, bodily or punitive claims that can
be made. I had a case where a unique bmw was totaled, the insurance
company claimed my client was partially at fault. I got the police
report which found the incident a result of road rage. I further
found a criminal record for the other driver. So I threatened
punitive damages along with personal injury. The insurance company
quickly changed their tune. The moral is to get all of your case
information, before you make a demand. I found here in Pennsylvania,
arbitration tends to compromise.
> The insurance company for the bus company has "totalled" my car and
> has made me a rather insulting offer for settlement. To contest
> their appraised value of the car, I am looking for sales of a
> similar car (preferably a diesel, preferably a wagon as opposed to
> a sedan, but I would be willing to cite sales of any 504's) to
> demonstrate value.
> I did find one sale of a restored 504 in apparently exceptional
> condition that sold for $10,000 in British Columbia approximately 2
> months ago. (Certainly the condition of my 504 did not approach
> the condition of that example, but that sale does demonstrate that
> this is somewhat of a "classic" special interest car that carries
> real value in an admittedly limited but knowledgeable market.) Mr.
> Brian Holm of Vermont told me that he was aware of at least a
> couple of sales of 504 wagons in nice condition that sold through
> eBay sometime in the past for around $3,500-$4,000. I have been
> unable to find these through a search of eBay's available records.
>
> Does anyone out there know of any sales of 504's (again, preferably
> diesel, preferably a wagon, but I would consider others) that I
> could use in my arbitration with the insurance company appraiser/
> adjuster?
>
>
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Received on Sat Oct 29 07:08:10 2005
